5930 Columbia Avenue
FVREB Out of Town No City Value V0H 1X4

$3,650,000
Land Commercial

Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8077449
An exceptional 9.5-acre development opportunity in Peachland, BC, offering prime potential for multi-family residential construction in one of the Okanagan's most desirable lakefront communities. Located at 5930 Columbia Avenue, this rare offering includes two parcels zoned RM3, with OCP support for RM4 zoning, allowing up to 24 units per acre and potential for 200+ residential units. The property's natural topography is ideal for lakeview condos, townhomes, or a mixed-density development, with elevated sightlines capturing stunning views of Lake. Just a short 10-minute walk to Beach Avenue, future residents will enjoy cafés, restaurants, boutique shopping, parks, and the waterfront boardwalk. Total land area is approximately 9.46 acres across two parcels presenting a rare opportunity for builders and developers to secure a large-scale site with strong upside in a high-demand market.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial
Lot Area:
5.18 acre(s)
Zoning:
RM3
Potential to Redevelop:
CURRENTLY ZONED RM3. OCP INDICATED MEDIUM DESITY ZONING., Yes
Electricity:
No
Parcel Number:
012694894
Taxes:
$13,855.1 / 2025
No
Water Supply:
None
Water Rights:
No
Potential to Redevelop:
CURRENTLY ZONED RM3. OCP INDICATED MEDIUM DESITY ZONING., Yes
Original Price:
$3,650,000
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Listed by RE/MAX Treeland Realty and Homelife Advantage Realty Ltd.
Data was last updated March 31, 2026 at 04:10 AM (UTC)
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.